Self-Employed

How to Become a Successful Independent Contractor

work deskw with laptop and cactus

From Constant Contact Blogs, Dave Anderson talks about how to become a successful independent contractor.  He writes: “Being an independent contractor clearly has plenty of appeal. But there is a lot of uncertainty, too. A consistent paycheck isn’t guaranteed, so maintaining a consistent flow of work is a must. If you’re considering giving it a try,…

The State Of The American Entrepreneur In 2015

woman sitting and working on laptop

From Fast Company, Lydia Duishman discusses the state of the American Entrepreneur in 2015.  She reports on the results of the Kauffman Index, a survey of the activity of entrepreneurs.  She writes: “Five years ago, startup activity was in a slump. But things are looking up, according to the 2015 Kauffman Index. Last year the…

The Difference Between an Independent Contractor & a Business Owner

keyboard, coffee mug and mouse in black and white

From [the nest], Fraser Sherman writes about the difference between an independent contractor and a business owner.  Fraser also describes the options for your business structure.  He writes: “Every independent contractor is a business owner. You run a business even if you are your only employee and you don’t have a company name. There are…

General Liability Insurance: Protecting Your Business

insurance spelled in letters in Scrabble

From Noobpreneur, Tara Miller discusses the importance of obtaining liability insurance for independent contractors.  She writes: “Part of doing business as an independent contractor is making sure that you have all of the necessary paperwork to protect your business. This is true whether you are starting a woodworking business, or an accounting firm. One of those…

Are You Self-Employed? Check Out These IRS Tax Tips

irs publications

From the Patch, Susan C. Schena offers tax tips for self-employed workers.  She writes: “Many people who carry on a trade or business are self-employed. Sole proprietors and independent contractors are two examples of self-employment. If this applies to you, there are a few basic things you should know about how your income affects your…

America’s Unemployment Insurance Programs Need to Be Reimagined

unemployment insurance claims office

From the Atlantic, Bourree Lam writes about the issues with the current unemployment insurance programs including the exclusion of self-employed workers from the programs.  She writes: “In the U.S., unemployment-insurance programs provide benefits to a large number of people. Kugler writes that the current program collects $5.1 billion in federal taxes and nearly $50 billion…

Do You Dare To Join The Big, Bad Freelance Economy?

man looking at sunset

From Forbes, Elaine Pofeldt writes another thoughtful article on the benefits of solo-preneurship.  She identifies some of the downsides of working as an employee when she writes: “Many people who try freelancing find it puts them, not an arbitrary corporate employer, in charge of their career, because they are not dependent on any one source of…

Who’s Afraid Of The Freelance Economy?

woman working at laptop

From Forbes, Elaine Pofeldt writes about worker classification from the perspective that the American dream has always been about independence and while some employers have taken advantage of the employee/independent contractor classification situation, there are great opportunities for individuals to make contributions to the economy as solo entrepreneurs.  She writes: “We could do a lot…

Self-Employment Taxes Are a Special Kind of Hell

stressed man at desk

From the Huffington Post, David A. Dedman writes about the unpleasantness of self-employment taxes. He writes: “”That’s a x#$% rip-off!” I shouted. “Why do I have to pay 40% in taxes on the amount I earned extra this year?!” That’s how a recent conversation with my own accountant went this past week. My accountant was surprised…